European bourses were slightly lower
last night. Dow was closed for President's Day. Dow's future is now
-68. Europeean bourses opened firmly down.
Asian bourses were mixed and relatively
flat. Nikkei -18, ShanghaiC +25, Hangseng +58. STI closed -14 at
3413. Volume was 1b shares. Gainers were 184 to 240 losers.
STI's trend is flat and slipping down.
Top volumes were Noble -6, IHC unchanged,
Blumont -0.1, Perennial Holdgs +0.5, HPHTrust -0.5, Charisma unchanged,
SingTel -4, APAC unchanged, WE unchanged, GlobalLogistic -5.
Market opened down and stayed down the
whole day. It closed lower in the afternoon. Blue chips were slightly firmer
after a weak opening. Penny and speculatives were weaker.
Dow's future and Europe are looking
weak at the moment.
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